How much house does $500,000 buy you in Muskegon?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Muskegon?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Muskegon right now. Listings below $500,000 were included if necessary.
3120 Angelwood Dr, Muskegon, MI 49445
- Price: $499,999
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,548
- See 3120 Angelwood Dr, Muskegon, MI 49445 on Redfin.com
5221 Jackson Ct, Montague, MI 49437
- Price: $450,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,259
- See 5221 Jackson Ct, Montague, MI 49437 on Redfin.com
5996 N Bear Den Trl, Muskegon, MI 49444
- Price: $439,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,620
- See 5996 N Bear Den Trl, Muskegon, MI 49444 on Redfin.com
53 Ten Brock Ct, Muskegon, MI 49442
- Price: $450,000
- 5 bedrooms, 3 bathrooms
- Square feet: 2,112
- See 53 Ten Brock Ct, Muskegon, MI 49442 on Redfin.com
12454 Beechnut Dr, Ravenna, MI 49451
- Price: $499,000
- 5 bedrooms, 2 bathrooms
- Square feet: 3,142
- See 12454 Beechnut Dr, Ravenna, MI 49451 on Redfin.com
5810 Larson St, Muskegon, MI 49444
- Price: $449,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,893
- See 5810 Larson St, Muskegon, MI 49444 on Redfin.com
5810 Larson Ln, Muskegon, MI 49444
- Price: $449,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,893
- See 5810 Larson Ln, Muskegon, MI 49444 on Redfin.com
3471 Kersting Dr, Muskegon, MI 49444
- Price: $460,000
- 4 bedrooms, 3 bathrooms
- Square feet: 3,470
- See 3471 Kersting Dr, Muskegon, MI 49444 on Redfin.com
1558 Brookwood Dr, Norton Shores, MI 49441
- Price: $474,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,698
- See 1558 Brookwood Dr, Norton Shores, MI 49441 on Redfin.com
545 Miller Dr, Muskegon, MI 49445
- Price: $435,900
- 4 bedrooms, 1.5 bathrooms
- Square feet: 2,018
- See 545 Miller Dr, Muskegon, MI 49445 on Redfin.com
1516 W Addison Way, Muskegon, MI 49445
- Price: $439,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,175
- See 1516 W Addison Way, Muskegon, MI 49445 on Redfin.com
4895 Harvey St, Norton Shores, MI 49444
- Price: $500,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,650
- See 4895 Harvey St, Norton Shores, MI 49444 on Redfin.com
6687 Shari Dr, Whitehall, MI 49461
- Price: $479,900
- 3 bedrooms, 3 bathrooms
- Square feet: 1,650
- See 6687 Shari Dr, Whitehall, MI 49461 on Redfin.com
403 Sabine Dr, Muskegon, MI 49442
- Price: $459,500
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,026
- See 403 Sabine Dr, Muskegon, MI 49442 on Redfin.com
11559 Williams Rd, Montague, MI 49437
- Price: $450,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,016
- See 11559 Williams Rd, Montague, MI 49437 on Redfin.com
6250 Sturgeon Run, Muskegon, MI 49444
- Price: $499,860
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,970
- See 6250 Sturgeon Run, Muskegon, MI 49444 on Redfin.com
2493 E White Lake Dr, Twin Lake, MI 49457
- Price: $489,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,680
- See 2493 E White Lake Dr, Twin Lake, MI 49457 on Redfin.com
6218 Sturgeon Run, Muskegon, MI 49444
- Price: $449,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,652
- See 6218 Sturgeon Run, Muskegon, MI 49444 on Redfin.com
5128 Henry St, Norton Shores, MI 49441
- Price: $449,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,650
- See 5128 Henry St, Norton Shores, MI 49441 on Redfin.com
5224 Weber Rd, Whitehall, MI 49461
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,420
- See 5224 Weber Rd, Whitehall, MI 49461 on Redfin.com
2483 Bayne Rd, Twin Lake, MI 49457
- Price: $487,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,252
- See 2483 Bayne Rd, Twin Lake, MI 49457 on Redfin.com
39 W Linden Rd, Twin Lake, MI 49457
- Price: $459,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,620
- See 39 W Linden Rd, Twin Lake, MI 49457 on Redfin.com
2645 White Lake Dr, Whitehall, MI 49461
- Price: $449,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,402
- See 2645 White Lake Dr, Whitehall, MI 49461 on Redfin.com
2636 White Lake Dr, Whitehall, MI 49461
- Price: $489,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 2,028
- See 2636 White Lake Dr, Whitehall, MI 49461 on Redfin.com
6653 Macdonald Ave, Twin Lake, MI 49457
- Price: $474,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,796
- See 6653 Macdonald Ave, Twin Lake, MI 49457 on Redfin.com
2964 Lakeshore Dr, Muskegon, MI 49441
- Price: $465,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,467
- See 2964 Lakeshore Dr, Muskegon, MI 49441 on Redfin.com
2964 Lakeshore Dr, Muskegon, MI 49441
- Price: $469,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,350
- See 2964 Lakeshore Dr, Muskegon, MI 49441 on Redfin.com
1103 W Mount Garfield Rd, Norton Shores, MI 49441
- Price: $499,900
- 2 bedrooms, 1 bathroom
- Square feet: 1,460
- See 1103 W Mount Garfield Rd, Norton Shores, MI 49441 on Redfin.com
1087 W Mount Garfield Rd, Norton Shores, MI 49441
- Price: $499,900
- 2 bedrooms, 1 bathroom
- Square feet: 980
- See 1087 W Mount Garfield Rd, Norton Shores, MI 49441 on Redfin.com
4677 Harvey St, Norton Shores, MI 49444
- Price: $500,000
- 2 bedrooms, 1 bathroom
- Square feet: 924
- See 4677 Harvey St, Norton Shores, MI 49444 on Redfin.com
